OFF MARKET

10/53-57 Merimbula Drive
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 73m2
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Property Details for 10/53-57 Merimbula Dr, Merimbula

10/53-57 Merimbula Dr, Merimbula is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1990. The property has a floor size of 73m2.

Building Type
Unit
Year Built
1990
Floor Size
73m2
Local Government
Bega Valley

Last Listing description (June 2020)

Very sort after unit in a well maintained complex within a short flat stroll to Merimbula.
Double brick construction, very spacious open plan living kitchen area, 2 large bedrooms, bathroom and separate laundry.
The unit is on ground floor, has a single lock up garage with internal access, and a small private courtyard.

This unit can be lived in permanently or alternatively rent it out and earn some income.

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Property History for 10/53-57 Merimbula Dr, Merimbula, NSW 2548

A timeline of how this property has performed in the market
  • 12 Mar 2020
    Listed for Sale $319,000

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About Merimbula 2548

The size of Merimbula is approximately 18.3 square kilometres. It has 14 parks covering nearly 8.6% of total area. The population of Merimbula in 2011 was 3,277 people. By 2016 the population was 3,544 showing a population growth of 8.1% in the area during that time. The predominant age group in Merimbula is 60-69 years. Households in Merimbula are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Merimbula work in a professional occupation. In 2011, 57.8% of the homes in Merimbula were owner-occupied compared with 58.3% in 2016.

Merimbula has 3,593 properties. Over the last 5 years, Houses in Merimbula have seen a 59.02% increase in median value, while Units have seen a 64.31% increase. As at 30 September 2024:

  • The median value for Houses in Merimbula is $867,977 while the median value for Units is $514,621.
  • Houses have a median rent of $660 while Units have a median rent of $480.
There are currently 62 properties listed for sale, and 1 property listed for rent in Merimbula on OnTheHouse. According to CoreLogic's data, 131 properties were sold in the past 12 months in Merimbula.

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